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Mar 12, 2018
03/18
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trade deficits are not budget deficits. a trade deficit is the opposite of a capital surplus. we grow when we have trade deficits. maria: so what's the answer then what is the answer to the fact that we are on the losing end. >> we're not. maria: but look you've got $375 billion in deficit with china. >> but again i just told you trade deficits don't have to be repaid. we have trade deficits when the buying power of americans is strong. we grew with trade deficits in the 1980s and the 1990s. peter navarro has no answer for that because nobody ever asked him about it. maria: well what about the fact that china is stealing all of our stuff james? what about the fact that we need to do something to stoop china from acquiring some of the most important industries of the future like ai like robotics what do you do? >> i think the china-specific issue it is a problem and it's a communist dictatorship at the end of the day. their leader now ruling for life the first to have this power, so i think china is a specific case it's a constant problem, we hear it from u.s. executives doing
trade deficits are not budget deficits. a trade deficit is the opposite of a capital surplus. we grow when we have trade deficits. maria: so what's the answer then what is the answer to the fact that we are on the losing end. >> we're not. maria: but look you've got $375 billion in deficit with china. >> but again i just told you trade deficits don't have to be repaid. we have trade deficits when the buying power of americans is strong. we grew with trade deficits in the 1980s and...
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5.0
Mar 20, 2021
03/21
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FBC
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deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of budget deficit of gdp and people at knowledge that's what needs be done. the bridge had to be built from the shutdown to the reopening which it wasn't certainly we have given more money since then to people in need it. the problem is if you run that sustain 15% budget deficit-to-gdp ratios or to lease for 2021 we will my fear is we will have the same thing happen in 2022 to get in infrastructure bill because the 2% that sara mentioned that is supposed to pay for this, my fear is we will see budget deficits remain extraordinarily high relative to gdp and we will force the fed to keep rates low and to fund the deficits. they are knee as the feds will continue to. the income inequality that people don't like. gerry: sara on the one hand you say much of what president biden is doing with this next package putting up taxes on companies and higher ea
deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of budget deficit of gdp and people at knowledge that's what needs be done. the bridge had to be built from the shutdown to the reopening which it wasn't certainly we have given more money since then to people in need it. the problem is if you run that sustain 15% budget deficit-to-gdp...
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trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox news from hosting either. will this backfire for the left? my monologue is next. so, you're open all day, every day. that's what 24/7 means, sugar. kind of like how you get 24/7 access to licensed agents with geico. hmm? yeah, you just go online, or give them a call anytime. you don't say. yep. now what will it take to get 24/7 access to that lemon meringue pie? pie! pie's coming! that's what it takes, baby. geico®. great service from licensed agents, 24/7. we all make excuses for the things we don't want to do. but when it comes to colon cancer screening... i
trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox...
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Dec 24, 2017
12/17
by
FBC
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revenues only been growing the last two years when the deficit has grown at 1%. it should be growing at 3-5% during an expansion. this is how we get there. this tax reform. >> i will say first of all i'd like to congratulate chuck on his new show animal planet everybody liked that. >> [laughter] >> going to be amazing. >> i'd also like to say look i'm for this corporate tax cut but bottom line is it's a 15% move in the wrong direction on the deficit. yes we needed a corporate tax rate similar to other countries for cop pet eever reasons but it's only half the game. these other countries have other taxes to make up for lower corporate taxes. germany is running a surplus and we're going in the hole because we're not in a recession we should be doing the same thing. it's not because they have low corporate taxes but because they have a near 20% value-added tax and we'll have to have the taxes on the other side of these other countries if we have a corporate tax rate similar to other countries that's what we move into next in addition to cutting entitlements as well
revenues only been growing the last two years when the deficit has grown at 1%. it should be growing at 3-5% during an expansion. this is how we get there. this tax reform. >> i will say first of all i'd like to congratulate chuck on his new show animal planet everybody liked that. >> [laughter] >> going to be amazing. >> i'd also like to say look i'm for this corporate tax cut but bottom line is it's a 15% move in the wrong direction on the deficit. yes we needed a...
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trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox news from hosting either. will this backfire for the left? left? my monologue is next. i have a vision correction number, but i'm more than a number. when i'm not teaching, i'm taking steep grades and tight corners. my essilor lenses offer more than vision correction with three innovative technologies for my ultimate in vision clarity and protection together in a single lens: the essilor ultimate lens package. so, i can do more of what i love! buy two pairs of essilor's best lenses and get a $100 back instantly. see more. do more. essilor kennedy: the dnc is th
trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox...
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Feb 13, 2013
02/13
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FBC
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eye 102
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just deficit reduction. i think the president clarified that a little bit this evening with a comment you just mentioned, neil. there is that question about whether and that democrats are all that serious about deficit reduction going much further. the republicans put a number, saying we want to get as close as balanced as possible. that is what they're writing right now. neil: we should point out, the president wants to avoid this constant crisis and brinksmanship ahead of what could be another deadline in two weeks. but i see nothing here that will avoid that. >> and the conversations we're having right now, at least in congress on deficit reduction or the sequestered to get rid of that deficit reduction, we are not even close to the deal right now. neil: okay. thank you very much. the republican response falls on 188. running for president and self in four years. marco rubio. >> good evening. i'm marco rubio. i am blessed to represent florida in the united states senate. let me begin by congratulating pre
just deficit reduction. i think the president clarified that a little bit this evening with a comment you just mentioned, neil. there is that question about whether and that democrats are all that serious about deficit reduction going much further. the republicans put a number, saying we want to get as close as balanced as possible. that is what they're writing right now. neil: we should point out, the president wants to avoid this constant crisis and brinksmanship ahead of what could be...
0
0.0
Oct 24, 2022
10/22
by
FBC
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us, still $1.4 trillion deficit that is kind of the new normal here, a brief history of this, deficits went over a trillion dollars back during the financial crisis in 2009, 10, 11. then they went down for a while. at the time it was predicted they would be going up where we are now due to the retirement of the baby boomers. then covid hit. they just went through the roof to levels nobody had ever seen before. and since, when it comes down a bit, we're now in deficit terms, where we were in places that worried us terribly during the financial crisis. david: that's right. >> is this the new normal under joe biden? david: i suppose it is. liz, people out there care a lot more about inflation than they do about deficits. that is something they see every time they open their wallet. they see how much more things are costing. but there is a strange denial. not just among, it is not just in the white house, but you see it by democrats everywhere, but starting at the white house, a denial that it's out there as strong as it really is. let me play a little montage of what some democrats have b
us, still $1.4 trillion deficit that is kind of the new normal here, a brief history of this, deficits went over a trillion dollars back during the financial crisis in 2009, 10, 11. then they went down for a while. at the time it was predicted they would be going up where we are now due to the retirement of the baby boomers. then covid hit. they just went through the roof to levels nobody had ever seen before. and since, when it comes down a bit, we're now in deficit terms, where we were in...
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Jul 27, 2018
07/18
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FBC
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deficit. we'll explore that off and off here. go to market watchers, john layfield, gary b. smith and former white house visor austan goolsbee. this number is great second quarter number, it is hard to repeat. you guys found that out. george bush found that out. what is it about sustaining strong quarterly numbers, what's the problem? >> i don't know, this is a very good number. it follows on a first quarter of this year was a pretty mediocre number. when that came in and consumer spending grew less than 1% at an annual rate, a lot of people said it was from the weather. so if you get a down quarter from the weather or from something that is transitory a lot of times you get a rebound in the following quarter. vice versa. if you get a good quarter you get a rebound down. in a way that is the problem. it is not really a problem of the it is just reflex shun there is lot of moving around. a numbers move around. some months you're up, some months you're down, you tend it average out over longer p
deficit. we'll explore that off and off here. go to market watchers, john layfield, gary b. smith and former white house visor austan goolsbee. this number is great second quarter number, it is hard to repeat. you guys found that out. george bush found that out. what is it about sustaining strong quarterly numbers, what's the problem? >> i don't know, this is a very good number. it follows on a first quarter of this year was a pretty mediocre number. when that came in and consumer...
26
26
Oct 22, 2018
10/18
by
FBC
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eye 26
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star b there's little rest for a single dad, and back pain made it hard to sleep and get up on time. then i found aleve pm. the only one to combine a safe sleep aid, plus the 12 hour pain relieving strength of aleve. i'm back. aleve pm for a better am. you might or joints.hing for your heart... but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. (♪light musical cords) go to vettix.org. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star b there's little rest for a single dad, and back pain made it hard to sleep and get up on time. then i found aleve pm. the only one to combine a safe sleep aid, plus the 12 hour pain relieving strength of aleve. i'm back. aleve pm for a better am. you might or joints.hing for your heart... but...
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52
Jan 14, 2013
01/13
by
FBC
tv
eye 52
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ironically, it added to the deficit. it should not be surprising given all this talk that the american people think washington is hurting rather than helping the country at the moment. they overwhelmingly want us to create more jobs. let's finish this debate. the certainty that our economy and reputation are still second to none. america has a lot to do. we have to boost the wages of those who have -- we have to give our children the best education possible and we have to do everything we can to protect them from gun violence. let me say i am grateful to vice president biden for his work on this issue of gun violence and for his proposals which i will be reviewing today and i will address the next few days. i intend to vigorously pursue. with that, i will take some questions and i will start with julie of a piece and i want to congratulate julie for this new and important job. >> i wanted to ask about gun violence. today marks the one-month anniversary of the shooting in newtown which seem to push the assault weapon ban.
ironically, it added to the deficit. it should not be surprising given all this talk that the american people think washington is hurting rather than helping the country at the moment. they overwhelmingly want us to create more jobs. let's finish this debate. the certainty that our economy and reputation are still second to none. america has a lot to do. we have to boost the wages of those who have -- we have to give our children the best education possible and we have to do everything we can...
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Jul 27, 2019
07/19
by
FBC
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eye 27
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the deficit keeps going up. it is not using and that the deficit or the debt is it? >> left, revenues are coming in, i'm looking forward to more. i like what i see in the economy and nominal gdp and so forth. in terms of the budget deal i think is what you're driving at, so our estimates are about 4 and a half percent. the deficit in scherie and 20 would be about four and half percent gdp. everybody likes to see it lower. i would like to see less spending, absolutely. but politics is the art of the possible. the market with a two percent 10 year is not worried about the budget deficit were borrowing at the present time. i think it is a manageable number. gerry: i'm sorry go ahead. >> i was going to say is the budget deal perfect? no. but it does maintain a very important increase in defense spending, it allows the president to continue his efforts on the border, at the southern border and security in the rule of law. it will not get in the way of a number of policies, it does get us to roll it over so there will be no default which will be very bad. it ain't perfect,
the deficit keeps going up. it is not using and that the deficit or the debt is it? >> left, revenues are coming in, i'm looking forward to more. i like what i see in the economy and nominal gdp and so forth. in terms of the budget deal i think is what you're driving at, so our estimates are about 4 and a half percent. the deficit in scherie and 20 would be about four and half percent gdp. everybody likes to see it lower. i would like to see less spending, absolutely. but politics is the...
40
40
Apr 27, 2018
04/18
by
FBC
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eye 40
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deficit with europe or we're running a trade deficit with china or we're running a trade deficit with japan. the truth is we're running a trade deficit with all of them because we like to consume so much, we save so little in this country, that we are spending more than we're producing or to put it another way, we're investing more than we're saving so we don't save enough for all of our investments in this country. like a person running around to different stores buying more than they should be buying, running up debts blaming all the other -- it is unfair, it is unfair, i'm spending so much. trish: that is not precise. >> i don't know what he is after actually, i really don't but he keeps citing this idea we have a trade deficit because we spend so much. trish: i think, this is my take on it, i think he is making the point that it is not that all these countries charge us tariffs on our goods. you send a car to china, they charge a nice 25% tax on the thing. send a motorcycle to india, 100%. harley-davidson will cost you twice as much. he is saying, we are, because of trade deficits
deficit with europe or we're running a trade deficit with china or we're running a trade deficit with japan. the truth is we're running a trade deficit with all of them because we like to consume so much, we save so little in this country, that we are spending more than we're producing or to put it another way, we're investing more than we're saving so we don't save enough for all of our investments in this country. like a person running around to different stores buying more than they should...
16
16
Oct 20, 2018
10/18
by
FBC
tv
eye 16
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope, it's not ford. i think it's ram. is it ram? not ram. that's a chevy! it's chevy! that's right. from the family of the most dependable, longest-lasting full-size pickups on the road. gorgeous. chevy hit it out of the ballpark with these. if you're waiting patiently for a liver transplant, it could cost you your life. it's time to get out of line with upmc. at upmc, living-donor transplants put you first. so you don't die waiting. upmc does more living-donor liver transplants than any other center in the nation. find out more and get out of line today. ♪ ♪ ♪ ♪ comfort. wha
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope, it's not...
20
20
Oct 20, 2018
10/18
by
FBC
tv
eye 20
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star bususususus hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope, it's not ford. i think it's ram. is it ram? not ram. that's a chevy! it's chevy! that's right. from the family of the most dependable, longest-lasting full-size pickups on the road. gorgeous. chevy hit it out of the ballpark with these. . maria: welcome back, president trump directing his cabinet to cut 5% of their budget. this comes just two days after the trump administration announced a $780 billion budget deficit for fiscal year 2018, that would be up 17% from 2017. here's what the president told stuart varney about the budget earlier this week. >> we're going to d
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star bususususus hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope,...
26
26
Oct 20, 2018
10/18
by
FBC
tv
eye 26
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's expedia introduces add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can use up until your trip starts. so whether you want to go out, stay in, or be in the middle of it all... add the perfect hotel when you're ready, and save. add on advantage. only with expedia. but before you do that, you should meet our newest team member, tecky. i'm tecky. i can do it all. go ahead, ask it a question. tecky, can you offer low costs and award-winning wealth management with a satisfaction guarantee, like schwab? sorry. tecky can't do that. schwabbb! calling schwab. we don't have a satisfaction guarantee, but we do have tecky! i'm tecky. i ca... are you getting low costs and award-winning wealth management? if not, talk to schwab. and award-winning wealth management? bethany: did you know breast every day?ls 1
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's expedia introduces add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can use up until your trip starts. so whether you want to go out, stay in, or be in the middle of it all... add the perfect hotel when you're ready, and save. add on...
77
77
Apr 10, 2013
04/13
by
FBC
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eye 77
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our deficits are already falling. over the past two years, i have signed legislation that will reduce our deficits i more than $2.5 billion. more than two thirds of it by spending cuts. that does not mean we do not have more work to do. here is how we finished the job. my budget will reduce our deficit by nearly another $2 trillion so that all told we can surpass the goal of $4 trillion in deficit reduction that independent economists believe we need to stabilize our finances. it does so in a balanced and responsible way, a way that most americans prefer. both parties, for example, agreed that the rising cost for caring for an aging generation is the single biggest driver of our long-term deficits. the truth is, for those like me who deeply believe in our social insurance program think it is one of the core things for our government to do if we want to keep medicare working as it has. we will have to make some changes. we have to make some changes, but they do not have to be drastic ones. instead of making drastic one
our deficits are already falling. over the past two years, i have signed legislation that will reduce our deficits i more than $2.5 billion. more than two thirds of it by spending cuts. that does not mean we do not have more work to do. here is how we finished the job. my budget will reduce our deficit by nearly another $2 trillion so that all told we can surpass the goal of $4 trillion in deficit reduction that independent economists believe we need to stabilize our finances. it does so in a...
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he criticized democrats about the deficit saying democrats are not known for worried about deficits but if my party does not start getting interested in deficits, both of those lines are lies. they are republican lies. >> your response? >> not surprising that larry o'donnell would go after mayor pete because it's an opinion show that's pretty popular. and pete runs in the moderate lane. and if you watch him he will have -- he's more of the left center. and i think larry likes to talk about when he was in the years and they were deficit neutral and balanced budget. i think we should all be worried about where the deficit is, every president likes a growing deficit. >> i'm so happy everybody's talking about deficits. they share the first $500 billion of tax dollars is going to interest on the debt they've created. that could be going on roads and bridges and elderly and children, no, interest, something to be done. mr. o'donnell, i have to disagree with him. david: when you have job numbers like we have right now and record amount of tax revenue coming in, people don't tend to worry a
he criticized democrats about the deficit saying democrats are not known for worried about deficits but if my party does not start getting interested in deficits, both of those lines are lies. they are republican lies. >> your response? >> not surprising that larry o'donnell would go after mayor pete because it's an opinion show that's pretty popular. and pete runs in the moderate lane. and if you watch him he will have -- he's more of the left center. and i think larry likes to...
41
41
Oct 20, 2018
10/18
by
FBC
tv
eye 41
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star business panel weighs in next. introducing add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can add on to your trip up until the day you leave. add on advantage. only when you book with expedia. and back pain made it hard to sleep and get up on time. then i found aleve pm. the only one to combine a safe sleep aid, plus the 12 hour pain relieving strength of aleve. i'm back. aleve pm for a better am. in 1948... [sfx: bottle sounds on conveyor] one bottle at a time. today, we produce nearly 20 million cases a year. chubb has helped us grow for the past 30 years... they helped us prevent equipment problems during harvest and provided guidance when we started exporting internationally. now we're working with them on cybersecurity. my grandfather taught me to make a wine that over delivers.
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star business panel weighs in next. introducing add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can add on to your trip up until the day you leave. add on advantage. only when you book with expedia. and back pain made it hard to...
15
15
Oct 20, 2018
10/18
by
FBC
tv
eye 15
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b this is actually under your budget. it's great. mm-hmm. yeah, and when you move in, geico could help you save on renters' insurance! man 1: (behind wall) yep, geico helped me with renters insurance, too! um... the walls seem a bit thin... man 2: (behind wall) they are! and craig practices the accordion every night! says the guy who sings karaoke by himself. i'm a very shy singer. you're tone deaf! ehh... should we move on to the next one? it's a great building! you'll love it here! we have mixers every thursday. geico®. it's easy to switch and save on homeowners and renters insurance. geico®. it's easy to switch and save state of the art technology, makes it brilliant. the visionary lexus nx. lease the 2019 nx 300 for $339 a month for 36 months. experience amazing, at your lexus dealer. a new way to save on travel. now when
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b this is actually under your budget. it's great. mm-hmm. yeah, and when you move in, geico could help you save on renters' insurance! man 1: (behind wall) yep, geico helped me with renters insurance, too! um... the walls seem a bit thin... man 2: (behind wall) they...
4
4.0
Mar 20, 2021
03/21
by
FBC
tv
eye 4
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deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of 5%dg5% dic d d of d p peopp aopt kwl kgege at wt neet n bds dee.on e rie e e d e e be builtroltro ro e sh dosh tdodohe reopehenihenihe h tt wasn'ttt c gveveore monore sonce shecehehe to peotoe ne ind it. e obmf u f run f ruatat su todp-gat-gs -g toro as f 21 1 lily mar m we wi we hav we thavee th tami in02 2 to 2eto gn inn fr trfructuuc bucl bause tauhese tha saraara mentiened that ist t p for m is wil wseeseudgetudgeud defits remaiaiaordinaoarilaoao highgh relativat tat gdp ande wl force the fed to keep rates low and to fund the deficits. they are knee as the feds will continue to. the income inequality that people don't like. gerry: sara on the one hand you say much of what president biden is doing with this next package putting up taxes on companies and higher earning americans will take us back to where we went to president obama could a pr
deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of 5%dg5% dic d d of d p peopp aopt kwl kgege at wt neet n bds dee.on e rie e e d e e be builtroltro ro e sh dosh tdodohe reopehenihenihe h tt wasn'ttt c gveveore monore sonce shecehehe to peotoe ne ind it. e obmf u f run f ruatat su todp-gat-gs -g toro as f 21 1 lily mar m we wi we hav...
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the deficit in fact the highest ever. the deficit with china a record high as well. the national emergency is worsening. the border control calling it unsustainable a as record number of families have been apprehended breaking the yearly record just five months into this fiscal year. >>> the department of homeland security expecting a million illegal immigrants to be arrested this year, in addition to what could be, as many as 3 million illegals who avoid apprehension all together. white house press secretary sarah sanders calling out the radical left's ignorance on border security. >> it is absolutely abhorrent that democrats are still refusing to acknowledge the crisis on the border, particularly when barack obama himself even called it a crisis in 2014. we know exactly what it is and it's time they start doing their jobs and actually fixing it. they should follow the president. he is actually leading. it's time that somebody step up and follow the president and fix this problem. lou: and i would nominate first of all to follow him the secretary of the department o
the deficit in fact the highest ever. the deficit with china a record high as well. the national emergency is worsening. the border control calling it unsustainable a as record number of families have been apprehended breaking the yearly record just five months into this fiscal year. >>> the department of homeland security expecting a million illegal immigrants to be arrested this year, in addition to what could be, as many as 3 million illegals who avoid apprehension all together....
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Feb 12, 2018
02/18
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deficits in the shore term, absolutely. we have to see the economy continue to grow. trish: let me ask you, matt welch, about higher deficits in the short term because i'm a big believer these tax cuts will do a lot for the economy and do a lot for earnings, overall will be good for employment, et cetera, finally get inflation as we start to see in this economy. but, look, if it doesn't do all of that, we got a real problem. >> we have a real problem in any case because what can't go on forever won't. we're going from $20 trillion in debt now to maybe see 30 trillion soon. at some point, that point is happening now. it started happening a couple weeks ago. the cost of borrowing is going to get to recent record highs. we had low cost of borrowing for almost seven years. trish: matt, i know i have to stop you. look at, do we have the 10-year and 30-year. 30-year you can still borrow 3%. that's nut. >> it is nuts and it will get even more nuts as debt service starts to outpace even military spending i'm saying it is nuts becau
deficits in the shore term, absolutely. we have to see the economy continue to grow. trish: let me ask you, matt welch, about higher deficits in the short term because i'm a big believer these tax cuts will do a lot for the economy and do a lot for earnings, overall will be good for employment, et cetera, finally get inflation as we start to see in this economy. but, look, if it doesn't do all of that, we got a real problem. >> we have a real problem in any case because what can't go on...
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you said you'd cut the deficit in half. the cbo says we'll have a trillion dollar deficit each of the next four years, if you're reelected, we'll get to a trillion dollar debt. you have said before you'd cut the cef sit in half, and i love this idea of $4 trillion in cuts, getting closer to a balanced budget, except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raise taxes. why don't i want to raise taxes on people? and actually you said it back in 2010, you said, look, i'm going to extend the tax policies that we have now, i'm not going to raise taxes on anyone because when the economy's growing slow like this, when we're in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. and so if you believe the same thing, you just don't want to raise taxes on people. and the reality is it's not just wealthy people, y
you said you'd cut the deficit in half. the cbo says we'll have a trillion dollar deficit each of the next four years, if you're reelected, we'll get to a trillion dollar debt. you have said before you'd cut the cef sit in half, and i love this idea of $4 trillion in cuts, getting closer to a balanced budget, except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raise taxes. why don't i want to raise...
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Mar 11, 2019
03/19
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increasing deficit. increasing defense spending in a year where republicans in particular have more seats at risk than democrats do. that is why you're seeing opposition. john roberts asked the question of the day from fox news earlier when he asked about the oca account. that account is basically a slush fund for any president that has wide discretion. they will use money from that fund to try to finish the law because they're not going to get funding from congress and you have a vote coming up on the national emergency any day now where republicans are going to vote pens donald trump and not grant him that. charles: some republican will enough to force him to veto this. right now conventional wisdom that there are not enough to override a veto. but having said that, $8.6 billion for the border wall. also another somewhat controversial issue the working for welfare. what are your thoughts on whole thing? >> this is proposal. i think the work for welfare, for example, what is wrong with able-bodied peopl
increasing deficit. increasing defense spending in a year where republicans in particular have more seats at risk than democrats do. that is why you're seeing opposition. john roberts asked the question of the day from fox news earlier when he asked about the oca account. that account is basically a slush fund for any president that has wide discretion. they will use money from that fund to try to finish the law because they're not going to get funding from congress and you have a vote coming...
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May 10, 2022
05/22
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that is in is in addition last r we cut the budget $350 billion, the deficit, not the budget, the deficit $350 billion. my treasury department is planning to pay down the national debt this quarter which never happened under my predecessor, not once, not once. unlike my predecessor, the deficit has gone down both years i've been here. that is not an abstraction. it matters. it matters to families, because reducing the deficit is one of the main ways we can ease inflationary pressures. look, the bottom line is this, americans have a choice right now between two paths, reflecting two very different sets of values. my plan, attacks inflation and grows the economy by lowering costs for working families, giving workers well-deserved race raises reducing deficit level and wealthy corporations and americans pay their fair share. the other path is ultramaga plan put forward by congressional republicans to raise taxes on working families, lower the income of american workers, threaten sacred programs americans count on like social security, medicare and medicaid, and give break after break to big
that is in is in addition last r we cut the budget $350 billion, the deficit, not the budget, the deficit $350 billion. my treasury department is planning to pay down the national debt this quarter which never happened under my predecessor, not once, not once. unlike my predecessor, the deficit has gone down both years i've been here. that is not an abstraction. it matters. it matters to families, because reducing the deficit is one of the main ways we can ease inflationary pressures. look, the...
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Oct 21, 2022
10/22
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, it declined in the deficit and let me repeat that, the largest ever decline in federal deficit. it went up every year and the trump administration, every year he was president, went up before the pandemic, went up during the pandemic, on my watch things have been different, the deficit has come down both years i have been in office. neil: the deficit is down to $37 trillion which is still a big number and a lot of comparisons at the height of covid when there was a lot of spending to deal with that lockdown, record amount of spending. when you wean off of that, we are still talking, staggering deficit levels, where we go from here, the fact of the matter is $31 trillion plus, the combination of those deficits whether they are down a little bit or not, still a lot of red ink. what do you think? >> the president knows we are going down because of covid, which is gargantuan. he's got something to market and an election to worry about so just say anything at that is how you get 30 one trillion dollars and i said this for years, not just one party, both parties, both are guilty, that
, it declined in the deficit and let me repeat that, the largest ever decline in federal deficit. it went up every year and the trump administration, every year he was president, went up before the pandemic, went up during the pandemic, on my watch things have been different, the deficit has come down both years i have been in office. neil: the deficit is down to $37 trillion which is still a big number and a lot of comparisons at the height of covid when there was a lot of spending to deal...
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these were good times with low budget deficits, ultimately. gary's point, it would make sense if they take our money spend a it, it's a question of are we going to borrow it and head down the green path? if you have to choose between funding the government spending with our tax revenue and borrow money, ideally, again, they have cut the spending and the taxes. that's not reality. european when it will happen. i don't know when they will do that. you can point out when the economy did well. there was a proportional spending cut. i don't know if that ever happened before. it's always widened. >> i disagree. you are saying when i spend a dollar, it's the same as the government spending a dollar. this is not accurate. study after study has shown the multiplier from the government spending. >> i agree with you. all i'm saying is they're going to spend the dollar anyway. are they going to borrow with somebody else or pay with it with tax revenue? that's the only choice. >> we are in agreement. they need to reduce spending. i think the way to -- we'r
these were good times with low budget deficits, ultimately. gary's point, it would make sense if they take our money spend a it, it's a question of are we going to borrow it and head down the green path? if you have to choose between funding the government spending with our tax revenue and borrow money, ideally, again, they have cut the spending and the taxes. that's not reality. european when it will happen. i don't know when they will do that. you can point out when the economy did well....
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Feb 13, 2018
02/18
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: it's the deficits. i don't take fault with the tax reform and the tax cuts. we do need an economy growing faster, maybe growing 3% which was in trump's budget yesterday, the president's budget, to raise revenue in the country. when you have the fed -- again, it comes down to the federal reserve is reducing its balance sheet. it started -- it was only $10 billion a month during the last quarter of 2017. he see, it goenow it's $20 bill. then it's 30, then it's 40. by the last quarter of this year it will be $50 billion every month. that's demand for treasuries that is dis disappearing as the supply goes through the roof in part because of what the republicans did last week with the two year budget deal. we finally have wage inflation. we he have a new federal he reservreserve chief on top of all of this. there's a concern about what will be the impact on interest rates. i think that scared investors. it goes to what you're willing to pay for stocks. >> maria: i think it's a great point. rates are going hi
: it's the deficits. i don't take fault with the tax reform and the tax cuts. we do need an economy growing faster, maybe growing 3% which was in trump's budget yesterday, the president's budget, to raise revenue in the country. when you have the fed -- again, it comes down to the federal reserve is reducing its balance sheet. it started -- it was only $10 billion a month during the last quarter of 2017. he see, it goenow it's $20 bill. then it's 30, then it's 40. by the last quarter of this...
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Dec 30, 2019
12/19
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and we have a deficit right now of $24 trillion. she want to add another $20 trillion on to that? i think most of the people out there are saying that is absolutely ridiculous. people who were supporting her, and her socialist ideology, looking to other candidate saying what other options do we have out there? blake: here in washington occupied by president trump, should note when we talk about debt and deficits, more debt and deficits added in upcoming years with the president is office but not as much as potential president warren. >> nowhere near $20 trillion.
and we have a deficit right now of $24 trillion. she want to add another $20 trillion on to that? i think most of the people out there are saying that is absolutely ridiculous. people who were supporting her, and her socialist ideology, looking to other candidate saying what other options do we have out there? blake: here in washington occupied by president trump, should note when we talk about debt and deficits, more debt and deficits added in upcoming years with the president is office but...
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last year i signed into law a $1.7 trillion in deficit reduction there will be more deficit reduction as congress decides what to do about the automatic spending cuts that we have now delayed for two months. as i have demonstrated throughout the past several weeks, i am very open to compromise i believe that we have to find ways to reform the program. there is further spending that we can eliminate in government. but we can't simply cut away to prosperity. cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals can take advantage of loopholes and deductions that aren't available to most americans. and we can't keep putting things like basic research and new technology and still expect to succeed in the 21st century economy.. we have to do it in a balanced way. even as we get a handle on our spending. i will not have another debate with this congress over whether or not they should pay the bills that they have wrapped up through the laws they pass. we cannot pay bills we have already incurred. the consequences wou
last year i signed into law a $1.7 trillion in deficit reduction there will be more deficit reduction as congress decides what to do about the automatic spending cuts that we have now delayed for two months. as i have demonstrated throughout the past several weeks, i am very open to compromise i believe that we have to find ways to reform the program. there is further spending that we can eliminate in government. but we can't simply cut away to prosperity. cutting spending has to go...
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that is the third highest deficit on record. now, when you break out the specific deficit with different countries, let's look at china here, it shrank 18% year over year to $26.4 billion. so how to differentiate between policy and pandemic when it comes to the state of u.s. trade? we take you to washington, d.c. live, where senior trade adviser to the president peter navarro joins us now. peter, great to have you. first let's tackle the headline number. thank you for coming on the show. while we sold close to $172 billion in u.s.-made goods, americans bought $239 billion in foreign-made products. what does this tell you about the state of trade here in the u.s. right now? >> the big picture here, liz, is even though our trade deficit's up in real dollars, as a percentage of gdp, it actually had been falling under the trump administration but more importantly, our deficit with china has been falling for several years now as a result of one thing. you know what that is? tariffs. tariffs work. tariffs work to defend the american b
that is the third highest deficit on record. now, when you break out the specific deficit with different countries, let's look at china here, it shrank 18% year over year to $26.4 billion. so how to differentiate between policy and pandemic when it comes to the state of u.s. trade? we take you to washington, d.c. live, where senior trade adviser to the president peter navarro joins us now. peter, great to have you. first let's tackle the headline number. thank you for coming on the show. while...
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white house is debating a controversial two-year budget plan that would raise the deficit, a vote is expected at any minute. lauren: in the markets we had another 1,000 plus point drop yesterday officially right now the dow jones industrial average and s&p 500 are in correction territory. that means they are down 10% from their january highs. taking a look at futures at this second dow is up 110. nasdaq higher by 61 points. cheryl: the focus on all this is on the 10-year treasury yield. worries out of federal debt and interest rates, as you can see yield is 2.84%. lauren: we had a hawkish tone from the european bank yesterday central bank done are down across the board. the cac in paris is down half a percent. cheryl: in asia stocks slammed, nikkei down 2.3%, in china down 4%. lauren: biggest leak in the history of apple. someone actually leaked the secret source code for iphones of the worldwide weapon, fbn:am starts right now. ♪ cheryl: 5:01 a.m. in new york, it's friday, good morning, i'm cheryl casone. lauren: here we go another crazy day of tradeing, i'm lauren simonetti. the
white house is debating a controversial two-year budget plan that would raise the deficit, a vote is expected at any minute. lauren: in the markets we had another 1,000 plus point drop yesterday officially right now the dow jones industrial average and s&p 500 are in correction territory. that means they are down 10% from their january highs. taking a look at futures at this second dow is up 110. nasdaq higher by 61 points. cheryl: the focus on all this is on the 10-year treasury yield....
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Apr 17, 2016
04/16
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people ignoring the problems of the deficit? as the taxes have increased to record levels, our deficits are get i getting bigger, too, so we're going in the wrong direction both sides. >> politicians like hillary clinton and some of the republicans make a huge mistake when they assume this sort of static analysis. when in fact, if you have eight different tax codes as hillary clinton proposes and a very high capital gains tax, people will take evasive action and the richest and most clever people will take the most evasive action so she won't even get the revenue she wants. >> by the way, john, she's also proposing to increase the estate tax again despite some of the advice from people like you. >> yeah, the estate tax is is one of the best ones to reduce all together. it frees up the most crucial capital at all. they're willing to experiment with it on new ideas. we have silicon valley. rockefellers and vanderbilt. you want to get rid of that all together. >> this week, we have found out retail sales decreased. we're having a p
people ignoring the problems of the deficit? as the taxes have increased to record levels, our deficits are get i getting bigger, too, so we're going in the wrong direction both sides. >> politicians like hillary clinton and some of the republicans make a huge mistake when they assume this sort of static analysis. when in fact, if you have eight different tax codes as hillary clinton proposes and a very high capital gains tax, people will take evasive action and the richest and most...